Kerala State Electricity Board directed to refinance ‘high-cost loan’ taken from Kerala Infrastructure Investment Fund Board

The directive is part of the Commission’s June 30 order on the truing-up of KSEB accounts for the 2023-24 fiscal. The KSEB availed the loan for implementing the TransGrid 2.0 project aimed at strengthening the power transmission network within Kerala. The amount includes ₹1680.81 crore as principal amount and ₹410.87 crore as interest

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